Compensation Watch '12: KPMG
This summer has not been the most stellar at the House of Klynveld. The news of forced rankings has overshadowed the ice cream screams, and with no Omaha Steaks in sight, many are in need of something...
View ArticlePromotion Watch '12: BDO Admits 15 New Partners
Now that everyone's time has been entered and accounted for, the TPTB at BDO figured it was appropriate to recognize the men (13) and women (2) who make up the final new partner class under Jack...
View ArticleDo CPA Exam Scores Ever Expire?
Need a pep talk before you pick up the phone and call your state board of accountancy? Feeling lost in a sea of MCQ? Just want to talk? I'm here; let's get through it together.If I passed all the CPA...
View ArticleMaine Governor Has Had a Chance To Re-Think His 'Gestapo = IRS' Comment
As we mentioned earlier, Maine Governor Paul LePage created a bit of a hubbub when he made the following statement about John Roberts' the Supreme Court's decision to uphold the healthcare reform...
View ArticleDeloitte Recycles Greg Weaver as Chairman and CEO of Its Audit Subsidiary
Deloitte is appointing a new Chairman and CEO of its audit subsidiary, Deloitte & Touche, and the new man in charge is actually an old man in charge - Greg Weaver. He led D&T from 2001 to 2005...
View ArticleFootnotes: Failure All Around | 07.09.12
IRS: Don't Forget Tax Credit for Day Camp [AT]What The SEC And PCAOB Fail To Acknowledge About Chinese Fraud [RTA]SEC Shuts Down IFRS Decision Time Line [CW]So It Begins… Tony Nitti: "It’s a cheeky bit...
View ArticleAccounting News Roundup: Romney Insists 'Nothing hidden' in Taxes; White...
Mitt Romney: 'Nothing hidden' in taxes [USAT]Mitt Romney insists there is "nothing hidden" in his taxes, rebuffing increasing calls from President Obama and other Democrats to release more information...
View ArticleThis Senior Accountant Alleges Her Job Was Killing Her
How many of you were surprised your first year or two by the sheer amount of work piled on you? If those massive piles of work also included real or allged verbal abuse and assault, you might have a...
View ArticleCould An Honest Work Experience Mistake Mean Losing a CPA License?
Having trouble picking out your KPMG ice cream? Need help drafting a professional email to your interns? Facing a life crisis and Psychic Friends Network won't even take your calls? Get in touch and...
View ArticleCompensation Watch '12: Deloitte
Lest our friends at Deloitte feel left out during comp season, let's get this started. No one's given us any indication of the comp discussion timeline this year so if you know something we don't (that...
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CPA Exam Pass Rates Are Up... WAY Up
Alright, so what did you all do to turn this ship around? This is a huge departure from the embarrassing early 2011 performance we saw around this time last year, what gives?Comparing this with last...
View ArticleAccording to This Maryland Group, Rich People Don't Like Taxes
Self-described non-partisan group Change Maryland is convinced the 31,000 individuals who left Maryland from 2007 to 2010 did so due to the state's increasingly burdensome tax rates. Surely it has...
View ArticleFive Tips For Surviving Big 4 Life From One New Grunt with a Year Under His Belt
As many of you look forward to joining the workforce in the weeks and months ahead while still others look back on your early days of public accounting through the clueless intern emails that make...
View ArticleFootnotes: Give Me Liberty or Give Me $220 Million | 07.10.12
Profiles in Liberty: Grover Norquist, Anti-Tax Warrior [United Liberty]The 27 Companies Most Likely To Have An Accounting Scandal [Business Insider]Maryland Governor Misstates State Tax Comparisons...
View ArticleAccounting News Roundup: Big 4's Political Donations of Services; GASB Serves...
Big four accountancy firms donate £1.9m in services to political parties since 2009 [Guardian]A huge accountancy firm would be expected to know the value of its time. So when the "big four" firms offer...
View ArticleIs There Life Outside Public Accounting for Tax Accountants?
Are you considering a line of work that's not so heavy on the Excel? Does your co-worker's audible humming drive you crazy? Is it possible that you've been working too hard and are just hearing things?...
View ArticleHappy Birthday, Leslie Seidman!
A little bird told me that today is FASB Chair Leslie Seidman's 50th birthday. Our source says that she happened to mention it last night during her keynote address at the annual dinner for the...
View ArticleAlready Doubtful Big 4 Advisory Intern Needs Help Managing Expectations
Just starting out your career and unsure of your path? Worried that drinking Dr Pepper 10 and using too much Axe body spray might give your co-workers the wrong impression? Need help picking out your...
View ArticleDeloitte Suggests Banks Quit Their Bitchin' and Turn Their Dodd-Frank Frown...
You've got the 2,300-ish page law all wrong. It is not 2,300-ish pages of annoying encumbrances; it is 2,300-ish pages of OPPORTUNITY: Under Wall Street reform [...] the largest banks are required to...
View ArticleFootnotes: Porn Stars, Puppies, and PEPCO | 07.11.12
Porn Stars Offer Free BJs to Miami Heat Fans, Cause NBA Lawyers To Stand At Attention [ATL]Romney Says He’ll Release 2011 Tax Return When It’s Ready [Bloomberg]Free the Puppies, Tax a Millionaire The...
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